FDIC Certificate #: 18453 Status: Inactive Closing history: Merger - Without Assistance Acquiring institution:First Bank of California (#32036) Federal Reserve ID: 228961 Date Established: November 15, 1961 Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 3 (Interstate: No) FDIC's unique #: 12352 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Bank Insurance Fund (BIF) Bank Insurance Fund: Yes Insured commercial Banks: Yes FDIC Insured: Yes State Chartered: Yes Date of Deposit Insurance: November 15, 1961 Last Structure Change Effective Date: May 31, 2000 Last Structure Change Process Date: June 23, 2000 Last Data Update: June 23, 2000 Data Source Date: April 05, 2012
Location
Address: 1001 Grant Avenue, San Francisco, CA 94133 County: San Francisco Quarterly Banking Profile Region: San Francisco FDIC Geographic Region: San Francisco FDIC Supervisory Region: Kansas City FDIC Field Office: San Francisco Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western Metropolitan Statistical Area (MSA): San Francisco, CA (#7360) Consolidated Metropolitan Statistical Area (CMSA): San Francisco-Oakland-San Jose, CA (#84) Combined Statistical Area (CSA): San Jose-San Francisco-Oakland, CA (#488) Core Based Statistical Area (CBSA): San Francisco-Oakland-Fremont, CA (#41860) CBSA Metro Statistical Area: San Francisco-Oakland-Fremont, CA (#41860) Core Based Statistical Division: San Francisco-San Mateo-Redwood City, CA (#41884)
Financial Summary
Total assets: $98.5 mil
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 1999)
Dollar figures in thousands
60Total employees (full-time equivalent)
$86,618Total assets
$6,819Cash and due from depository institutions
$105Interest-bearing balances
$28,966Securities
$5,600Federal funds sold & reverse repurchase agreements
$41,308Net loans & leases
$2,017Loan loss allowance
$0Trading account assets
$947Bank premises and fixed assets
$0Other real estate owned
$0Goodwill and other intangibles
$0Life insurance assets
$2,978All other assets
$86,618Total liabilities and capital
$78,006Total liabilities
$76,586Total deposits
$61,629Interest-bearing deposits
$76,586Deposits held in domestic offices
0.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$0Trading liabilities
$500Other borrowed funds
$0Subordinated debt
$920All other liabilities
$8,612Total equity capital
$8,612Total bank equity capital
$8,612Perpetual preferred stock
$3,850Common stock
$18,672Surplus
$7,659Undivided profits
Memoranda
$-21,569Noncurrent loans and leases
$11,154Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$0Income earned, not collected on loans
$0Earning assets
$0Long-term assets (5+ years)
$253Average Assets, year-to-date
$75,979Average Assets, quarterly
$11,724Volatile liabilities
$90,684Insider loans
$88,842FHLB advances
$14,531Loans and leases held for sale
$0Unused loan commitments
$0Tier 1 (core) risk-based capital
$0Tier 2 risk-based capital
$0Total risk weighted assets
$11,154Total unused commitments
$0Restructured Loans and leases
$728Derivatives
Income and Expense (December 31, 1999)
Dollar figures in thousands
$6,287Total interest income
$2,376Total interest expense
$3,911Net interest income
$0Provision for loan and lease losses
$1,403Total noninterest income
$0Fiduciary activities
$513Service charges on deposit accounts
$0Trading account gains & fees
$890Additional noninterest income
$5,364Total noninterest expense
$2,535Salaries and employee benefits
$1,587Premises and equipment expense
$1,242Additional noninterest expense
-$50Pre-tax net operating income
$0Securities gains (losses)
$0Applicable income taxes
-$50Income before extraordinary items
$0Extraordinary gains - net
-$50Net income attributable to bank
$0Net charge-offs
$0Cash dividends
-$710Sale, conversion, retirement of capital stock, net
$0Net operating income
Performance and Condition Ratios (December 31, 1999)
Dollar figures in thousands
Performance Ratios (%, annualized)
8.08%Yield on earning assets
3.05%Cost of funding earning assets
5.03%Net interest margin
1.80%Noninterest income to earning assets
6.89%Noninterest expense to earning assets
-0.06%Net operating income to assets
-0.06%Return on assets (ROA)
-0.06%Pretax return on assets
-0.56%Return on equity (ROE)
-0.56%Retained earnings to average equity (YTD only)
-1.57%Net charge-offs to loans
0.00%Credit loss provision to net charge-offs
0.00%Efficiency ratio
100,941Assets per employee
1.44%Cash dividends to net income (YTD only)
Condition Ratios (%)
0.00%Loss allowance to loans
4.66%Loss allowance to noncurrent loans
0.00%Noncurrent assets plus other real estate owned to assets
0.00%Noncurrent loans to loans
0.00%Net loans and leases to deposits
53.94%Net loans and leases to core deposits
66.03%Equity capital to assets
9.94%Core capital (leverage) ratio
10.20%Tier 1 risk-based capital ratio
16.22%Total risk-based capital ratio
Memoranda
$18Average assets
$90,684Average earning assets
$8,954Average equity
$77,813Average loans
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